uThrive Asset Development is offering a profit share in return for funding for our new spec home fund. We will increase our output of building new spec homes on infill lots in the Tampa Bay Area.
We will also develop small tract housing developments and building one high end home at a time. Currently we concentrate our development in Pinellas and Pasco counties. The majority of the homes we will build, will be below the FHA financing threshold of $524K.
Our current raise is $25 million with a minimum investment of $100K. Fully funded the goal is to build fifty homes a year. Profit share will be paid out at the completion and sale of each home. Principle will be reinvested into the next home, unless otherwise directed. Currently we have five house plans that we can use to build homes and will most likely introduce two or three more into the mix over the coming two years.
Please contact us for a prospectus. Qualified investors only.
Fund 2: Crypto Builder Fund
uThrive will be raising funds to purchase crypto currencies and use the profit every quarter to build new rental homes, acquire rental homes, or any value based real estate that we source through are extensive contacts. Our raise is $21 million, $20 million will go into crypto right a way, and one million into building rentals right away. Investors will profit from crypto increases and income from rentals acquired through crypto gains. If crypto prices go down, hopefully profits in real estate will offset any dips. Strategic crypto trading will also be a potential profit source.
Other Investments
We can help with build to rent projects and hedging with DSCR Loans (Debt Service Cover Ratio). Let us know your real estate investment needs and we can partner or help to facilitate them.
